MUMBAI, July 31 (Reuters) – India is likely to receive below-average monsoon rainfall in August after recording average rainfall in July, the weather department said on Friday, raising concerns about crop yields and economic growth in Asia’s third-largest economy. The monsoon delivers
March 13 (Reuters) – India’s benchmark indexes opened marginally higher on Thursday, tracking global market trends, and as investors drew comfort from softer-than-expected inflation data in the U.S. and India. The Nifty 50 rose 0.15% to 22,501 as of 9:20 a.m. IST,
March 13 (Reuters) – Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts. Spot gold was up 0.4% at $2,943.66 an ounce,
NEW DELHI, March 12 (Reuters) – India’s retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable prices, giving the central bank room to cut rates further in coming meetings. Annual
March 12 (Reuters) – Inflows into India’s equity mutual funds shrank to a 10-month low in February as the benchmark index posting its longest falling streak in nearly three decades pushed away investors, data released on Wednesday showed. Inflows fell 26% month-on-month,
